The quantity of reserves supplied equals
A) nonborrowed reserves minus borrowed reserves.
B) nonborrowed reserves plus borrowed reserves.
C) required reserves plus borrowed reserves.
D) total reserves minus required reserves.
B
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What would be the economic rationale for homeowners associations to host "yard of the month" awards?
What will be an ideal response?
At the point where diminishing marginal returns set in, the slope of the total product curve is
a. positive and increasing b. positive and decreasing c. negative and increasing d. negative and decreasing e. constant
In the early 1930s, President Hoover told Americans that prosperity was just "around the corner." He was expressing the views of ______ economic theory.
A. Keynesian B. demand-side C. classical D. supply-side
The GDP deflator or price index equals:
A. Gross private domestic investment less the consumption of fixed capital B. Gross national product less net foreign factor income earned in the United States C. Nominal GDP divided by real GDP D. Real GDP divided by nominal GDP